Coinbase Login - The Ultimate Guide to the Best Cryptocurrency Exchanges

With the interest and investment in cryptocurrencies having surged over the past few years, the requirement for safe and secure exchanges to facilitate the purchase of crypto has become increasingly important.

One of the most popular exchanges that is currently available is Coinbase.

Launched in San Francisco in 2012, Coinbase operates in 32 countries and has served over 12 million customers to exchange over $40 billion in digital currencies.

By 2013, Coinbase was the highest funded Bitcoin startup as well as the largest exchange of cryptocurrency in the world. Unlike other exchanges that require users to trade on a market, Coinbase Login allows users to trade their cryptocurrency at a set price that is based on their market value, which allows users to purchase their cryptocurrencies faster than other exchanges.

How to earn free crypto with Coinbase

As part of its mission to create an open financial system, and make blockchain technology more accessible, the exchange operates the Coinbase Earn learning portal which allows users to earn cryptocurrencies, while learning about them at the same time.

Coinbase Earn aims to incentivize users to develop a deeper understanding of a digital asset, as well as its underlying technology, and does this by making easy to consume, educational content readily available.

Verified users are able to earn crypto by completing a series of educational tasks such as watching videos, and filling out quizzes, and the initiative is open to eligible individuals located across the globe.

In addition to watching tutorials and answering quiz questions, users are also rewarded for sharing their unique referral links, and inviting other eligible friends to complete the lessons.

It’s currently possible to take courses on digital currencies such as Stellar Lumens (XLM), Zcash (ZEC), Basic Attention Token (BAT), and 0x (ZRX) with further currencies expected to be added in the future.

Coinbase and Paradex

Recently, Coinbase announced the acquisition of Paradex which is a decentralized exchange for Ethereum ERC-20 tokens, they are hoping to integrate some of this into their offerings and make a wide range of tokens tradeable on their Coinbase Pro platform.

This is good news for their customers and indeed any holders of coins which will be listed as this should greatly increase the exposure of these assets to a wider range of people.

Coinbase Custody

Coinbase also operates a custody service aimed at financial institutions and segregates and holds digital assets in trust for the benefit of its clients. Coinbase Custody operates as a standalone independently-capitalized business to Coinbase Inc. and is a fiduciary under New York State Banking Law.

In addition, it is fully insured, regulatory compliant, undergoes regular external financial and security audits, and is SOC 2 Type I certified with SOC 2 Type II, and SOC1 Type II certification expected in the near future.

Coinbase Login simplifies the process of purchasing and securely storing high quantities of cryptocurrencies for institutional investors, and there is currently an implementation fee of up to $10,000 and clients are expected to retain a minimum holding balance of $1,000,000.

Coinbase Staking

The custody service also allows asset holders to “stake” their tokens, and the team have unveiled Tezos (XTZ) staking for their clients, and the ability to participate in staking allows institutions to securely participate in Proof-of-Stake (PoS) based projects that reward parties for helping to secure the blockchain network by staking their assets.

Client assets are held in segregated cold storage, and Coinbase Custody runs its own nodes and validators and operates first class, institutional grade security and infrastructure standards. In addition to staking, Coinbase Custody will soon introduce governance support for the Maker (MKR) protocol, with Maker and Tezos voting expected to be integrated in Q2, 2019.

Conclusion

Overall, it is a good introduction to the world of cryptocurrency and allows users to dip their toe into the world of cryptocurrency without it feeling like it’s a strange new world.

We have updated this review in 2020 to cover all the new options and features which Coinbase Login have been introducing.​

They continue to go from strength to strength and remain the safest and easiest way for newcomers to get involved in cryptocurrency. They have rightly earned their position as a leader in the field.